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(Image from article: "Sears Swings to Loss on Charges")

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J.C. Penney reports hefty 3Q loss

J.C. Penney Co. reported a bigger-than-expected loss in the third quarter on plummeting sales as customers continue to reject its move get rid of blockbuster sales in favor of everyday low pricing.

 

RadioShack reports second quarter loss, suspends its dividend to shareholders

RadioShack Corp. said today that it’s eliminating its dividend to shareholders as it reported a second quarter loss. The Fort Worth-based consumer electronics retailer reported a net loss of $21 million, or 21 cents a share, compared with a profit of $24.9 million, or 24 cents a share a year ago. Total sales increased 1.2 percent from a year ago and same-store sales were flat.

 

Sears Swings to Loss on Charges

Sears Swings to Loss on Charges

Sears posted a $94 million loss on compensation and restructuring charges, widely missing expectations, as revenue fell.

 

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